January 1, 2020
FiNC Technologies Inc.

FiNC Technologies Inc. has raised approximately 5 billion
yen, for a total of over 15 billion yen raised since founding
A huge update for the FiNC app’s “Food Image Recognition”
feature, as well as the acquisition of meal logging-related
AI patents such as “Menu Options”
FiNC Technologies Inc. (headquarters: Chiyoda-ku, Tokyo, CEO: Mitsunori Nanno,
referred to as “FiNC”), the healthtech venture that specializes in preventative
healthcare and AI, has raised approximately 5 billion yen in the current roundthrough third-party allotment. This brings the total funds FiNC has raised since
founding to over 15 billion yen.

1. The purpose of this fundraising round
With the funds raised from this round, FiNC will focus on AI development, used ineach of FiNC’s services, most notably the healthcare/fitness app “FiNC” which hasreached over 8 million downloads. It will also be used to expand new businesses
and to strengthen marketing.

2. The huge “Food Image Recognition” feature update
The “food image recognition” feature uses AI and deep learning to identify thecontent of food images, as well as calculate the calories and macronutrients(carbohydrates, protein, and fats). Users can track their calorie consumption, daily
calorie goals, and recommended macronutrient consumption by simply uploading
photos of their meals to the FiNC app. Results are shown in graphs to make it easy
for users to see if they are under or over-consuming calories and macronutrients.
The recent update has largely increased the categories of food that can beanalyzed, allowing for a higher level of accuracy. With over 5 million meal photosuploaded to the FiNC app, FiNC has collected a large amount of image data toprovide a highly accurate service for customers. This effortless meal management
tool makes it easy to continue tracking nutrition in everyday life, which is key forovercoming bad habits with nutrition, one of the big three lifestyle factors that
affect health (along with exercise and rest).

3. Healthcare-related IP/patent strategy &acquiring the “Food Image Recognition Feature” patents
FiNC has acquired the “Food Image Recognition Feature” patent cluster, which
includes meal logging-related patents such as “Menu Options” (patent No.
6486540) and “Meal Post Evaluation” (patent No. 6075905), reaching a total of 60
patents acquired domestically (※1). The FINC website has also recently been
updated to include FiNC’s global IP strategy with the healthcare-related AI patents
acquired since its founding in 2012. As new features are developed, FiNC wants tocontribute to the healthcare field by providing these AI-related patented
technologies and licenses to other companies that identify with the FiNC vision.

4. “FiNC 1 Minute Fitness” Featured on TV Asahi
1 Minute Exercises Late Night on Mondays~Thursdays
FiNC’s first TV program “FiNC 1 Minute Fitness” has begun airing. It includes amartial arts “FIGHT” class and a body toning “RELAX” class, where viewers can
exercise to music together with instructors and special guests each week.

◆TV Program Information
Program Name:“FiNC 1 Minute Fitness”

Broadcasting Station:

TV Asahi (Kanto Local)

Premiere Date:

01/06/2020 (Monday)

Regular Airing Time:

Weekly on Monday~Thursday at 12:45~12:50am

Official Program Website:

https://www.tv-asahi.co.jp/1min_fit/

About FiNC Technologies Inc.
FiNC Technologies Inc. is a healthtech venture specializing in preventive healthcare
and AI, with the mission “personalized AI for everyone’s wellness”. FiNC is a team ofprofessionals in the health, life science, and technological fields, such as qualified
nutritionists, physiotherapists, trainers, life science researchers (in nutrition,exercise, and psychology), data scientists, and engineers.
◆Company Name

FiNC Technologies Inc.

◆Headquarters

Shin-Yurakucho Building 5F, 1-12-1 Yurakucho, Chiyoda-ku, Tokyo◆FoundedApril 4, 2012

◆RepresentativeRepresentative Director & CEO Mitsunori Nanno◆Employees

364 (including affiliated companies, part-time workers, and interns,
as of 01/01/2020)<FiNC Services>● FiNC App:https://finc.com/● FiNC Premium:https://ow.finc.com/finc_premium/● FiNC Mall:

https://mall.finc.com/● FiNC Diet Coaching:https://dietcoach.finc.com/● FiNC for BUSINESS:

https://corporate.finc.com/business/● FiNC Fit:

http://fincfit.com/● FiNC U:

https://u.finc.com/※ 1) Patent 6075905, Patent 6360547, Patent 6486541, Patent 6429840, Patent 6010719, Patent 6362651, Patent 6069652, etc.
※ The FiNC name and logo are trademarks or registered trademarks of FiNC Technologies Inc. in Japan and other countries.
※ The company names and product names mentioned are trademarks or registered trademarks of each company.
※ The content of this press release, such as service/product price, specifications, contact information, and other information is up
to date at the time of publication. It is subject to change without prior notice.

<For inquiries related to this press release>

FiNC Technologies Inc.
Kazumi Yuge / Hiroe Nameki / Timothy Bakker
Tel: 050-1742-0330

Mail: pr@finc.com